v3.25.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Operating Lease, Lease Income [Table Text Block]
The following table presents lease revenue from operating leases in which the Company is the lessor for the periods indicated (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Total lease revenue
$270 $263 $832 $798 
Lease, Cost
The Company is the lessee under financing leases primarily for land. Right-of-use assets are long-term by nature. The following table summarizes the amounts recognized on the Condensed Consolidated Balance Sheets related to lease asset and liability balances as of the periods indicated (in thousands):

Consolidated Balance Sheet ClassificationJune 30, 2025December 31, 2024
Assets
Right-of-use assets — finance leasesOther non-current assets$98,565 $86,707 
Liabilities
Finance lease liabilities (current)
Short-term debt and current portion of long-term debt
$— $217 
Finance lease liabilities (non-current)Long-term debt99,985 86,869 
     Total finance lease liabilities
$99,985 $87,086 
Schedule of Future Minimum Rental Payments for Operating Leases
The following table shows the future lease payments under finance leases together with the present value of the net lease payments as of June 30, 2025 for 2025 through 2029 and thereafter (in thousands):

Finance Leases
2025$612 
20264,855 
20275,205 
20285,498 
20295,608 
Thereafter241,135 
Total$262,913 
Less: Imputed interest(162,928)
Present value of lease payments$99,985 
Lessor, Operating Lease, Payment to be Received, Maturity
The following table shows the future lease receipts as of June 30, 2025 for the remainder of 2025 through 2029 and thereafter (in thousands):
Operating Leases
2025$308 
2026680 
2027683 
2028486 
2029449 
Thereafter679 
Total$3,285 
Property, Plant, and Equipment, Lessor Asset under Operating Lease
The following table presents the underlying gross assets and accumulated depreciation of operating leases included in Property, plant and equipment, net for the periods indicated (in thousands):

Property, Plant and Equipment, NetJune 30, 2025December 31, 2024
Gross assets$8,612 $4,387 
Less: Accumulated depreciation(3,512)(1,426)
Net assets$5,100 $2,961